Uncategorized Category
You can’t make this shit up ….
Posted on July 28, 2015 Leave a Comment
Again, folks, it’s only probability. Let me rephrase that …it’s ALWAYS probability and nothing is certain. Sometime it works and sometimes it doesn’t – worry about the losses (i.e. control the amount) and everything else will work out. All that being said I can say, with certainty, that the big players have no idea I’m […]
CHANCE favors the prepared mind …
Posted on July 26, 2015 Leave a Comment
I have learned almost everything I know about the TRADERS MINDSET from Larry Pesavento of http://www.tradingtutor.com. He first introduced me to harmonic pattern recognition and after about 6 months I had trained my eye (thru his tutelage) to understand and see the swings. Others – Michael Jenkins (www.stockcyclesforecast) have fined tuned my understanding of vibrations, […]
Target hit on Barrick Gold ($ABX)
Posted on July 25, 2015 1 Comment
$ABX target hit … the press is out and the Gold Bulls are only 13% bullish … the “look and feel” of Gold is that it’s “done” and in a bear market to stay … while stocks like $NFLX, $GOOG, $DIS, $NKE continue their parabolic ascent the “crowd” is pitching out and […]
meanwhile, over in China ….
Posted on July 25, 2015 Leave a Comment
What is the Chinese Central Bank up to …? Per Bloomberg.com a couple hours ago: China’s one-year interest-rate swaps completed the biggest weekly drop in four months after the central bank cut borrowing costs and stopped draining funds in open-market operations. The People’s Bank of China reduced its benchmark rates for […]
Barrick Gold ($ABX)
Posted on July 19, 2015 1 Comment
the press is out and the Gold Bulls are only 13% bullish … the “look and feel” of Gold is that it’s “done” and in a bear market to stay … while stocks like $NFLX, $GOOG, $DIS, $NKE continue their parabolic ascent the “crowd” is pitching out and now it’s time to focus our efforts […]
Using ratio analysis to look for inflection points …
Posted on July 16, 2015 Leave a Comment
I like ratio analysis .. it shows rotation, strength vs weakness and a bunch of stuff. Greece and Eurozone have been all the rage and, well, rightly so – I guess. But I’m trying to tune all that out and just draw some pictures. Here’s the deal .. when the DAX underperforms the NYA (the […]
why we should care about Australia redux from November 2014
Posted on July 2, 2015 Leave a Comment
the All Ordinaries has gone up and hit the target shown below and, while the .786 retracement target has not been hit, it appears a top could be in place. Over the coming weeks/days watch this one closely for an opportunity to trade a pattern to the short side. November 2014: the All […]
Palladium, NASDAQ and AAPLE update …over @seeitmarket
Posted on June 29, 2015 Leave a Comment
Palladium Correlations: Flashing Caution For Apple (AAPL) And The Nasdaq? enjoy and would love your feedback …
Bart's Charts 